Arcadia Courtside Inc

Analysis

Arcadia Courtside Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arcadia Courtside Inc reported income of $109k and spending of $165k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $109k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 167% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arcadia Courtside Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Abilities at Cumberland Towers Inc ($109k), Newport Commons Inc ($109k) and New Life Estates Inc ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.4m against liabilities of $111k, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.